[USER]

What are the best ways to invest in gold digitally? With the rise of online investment platforms, there are now multiple ways to invest in gold without physically owning it.

Options like gold ETFs, digital gold, gold-backed cryptocurrencies, and gold futures are becoming increasingly popular.

For those who have experience with digital gold investments, which methods do you find the most reliable and profitable? Are there any risks or hidden fees that beginners should be aware of?

Additionally, how do these digital options compare to traditional gold investments in terms of returns and security?

I’d love to hear insights from investors who have tried different approaches!

[Adam]

Gold is a losing investment compared to almost anything other type of investment

[S.A.]

Digitally? You mean you want to invest but not take possession of the gold? The best is gold ETF’s. Google it and there are lots.

Be warned though gold has been on a tear and it’s historically been a poor investment

[Alexander]

It’s a bad idea. Gold is going the way of the dodo bird as an investment. The best investments for the next decade will most likely be AI or crypto.

Crypto is analogous to gold in many ways.

[Brad]

My usual gut feel is that anything that has excessive marketing materials put together to take advantage of senior citizens with money, I shy away from.

Reverse mortgages, annuities, converting IRAs to gold and silver, timeshares, doomsday meal kits, etc….

[Schaller]

GLD and IAU (lower expense fees) are two popular ETF that follow gold prices

[Tracy]

Investing in Gold is like dating an entitled supermodel. It just sits there looking pretty but doesn’t do shit.

Just costs you money to keep it

[Meng]

Historically, Gold have not seemed to be a good investment stream. I’ll recommend other digital assets like Bitcoin, XRP, $TRUMP.

Siting in over %300 in profit in the latter since it’s launch.

[Scott]

Nothing wrong with having gold as a hedge on inflation, or a short to medium term place park cash. It’s not a good long term play.

GLD etf is the easiest method.

[Author]

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